Earlier this month on CNBC's "Mad Money" show, TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio, said the drugstore chain is in the middle of a multi-year turnaround, and is becoming increasingly profitable.

Camp Hill, Penn.-based Rite Aid is a retail drugstore chain that sells prescription drugs and a range of other merchandise throughout the U.S. Along with its rivals Walgreens (WAG) and CVS Health (CVS), the company has made health and wellness a priority.